|Coateville Area School District Single Detached Homes Market Study January 2010 through December 2011|
|Over the study period of 2010 through 2011, single, detached homes in the Coatesville Area School District
saw some volatility in the area of median sale prices, which have begun to trend back to previous levels.
|The second quarter of 2010 saw the results of the flurry of activity due to the expiration of the Federal Home
Buyer Stimulus Program. Towards the end of the study period, the market returned to five-year median levels.
|Less discretionary buyers towards the middle of the study period left a preponderance of first-time buyers and
investors seeking lower-priced homes and income-suitable properties. Towards the end of the period, market
activity increased, causing macro-economic supply and demand forces to increase prices.
|The Federal Home Buyer Stimulus Program had an effect on property marketing periods (this statistic being
more accurate than "days on market"). Marketing time went up, as expected, as the Program ended and
less buyers were available for more properties. As buyers re-entered the market, marketing time began to
|The information above is but a sampling of what I share with my Coatesville Area School District Sellers and
Buyers. This information, along with over 25 years of experience in the Coatesville area marketplace, allows
you to make the best, most cost-effective decisions for your family. It would be my pleasure to assist you,
your family and friends with any real estate needs. Contact me here.
Information Deemed Reliable But Not Guaranteed. "Sold" information from Trend Multiple Listing Service for the period indicated. Data maintained by Trend may not reflect all real estate activity in the market.